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NZ airport worker infected with COVID

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Will the Australia-NZ travel bubble burst over COVID diagnosis?

A worker at Auckland airport has returned a positive test result for COVID-19, but New Zealand Prime Minister Jacinda Ardern has said she does not expect it to shut down quarantine-free travel across the Tasman.

The positive case came just a day after the trans-Tasman bubble opened.

Ms Ardern, speaking after the New Zealand Ministry of Health confirmed authorities were following the usual process of isolating the case, interviewing them and tracing their contact movements was underway, revealed she had not yet spoken to Australian Prime Minister Scott Morrison.

“Our Minister of Health has kept in touch with his counterpart,” she said.

“So they are directly communicating, so are our officials.

“Everyone, therefore, knows the case we have and that it’s connected to the border. And these are the kinds of scenarios where we would anticipate moving continuing.”

The case was detected in a worker who had been cleaning the interiors of aircraft used to transport people from high-risk countries into New Zealand, some of whom have COVID.

“I can confirm that that was someone who was vaccinated, and fully vaccinated, quite early on in the campaign,” Ms Ardern said.

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Why the meme-stock frenzy is unlikely to repeat

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GME shares surge 74%, but experts stress a meme-stock frenzy resurgence is unlikely due to fundamental differences in the company’s financial situation.

Australia’s budget unveils a second consecutive surplus of A$9.3 billion, prioritising the critical minerals industry and green energy initiatives to reduce reliance on Chinese supply.

Also, GameStop shares have surged 74%, but experts caution against expecting a repeat of the 2021 meme-stock frenzy. #featured #trending

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Why are airlines after the Biden Administration?

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Major airlines are taking legal action against the Biden administration over a newly implemented rule requiring them to disclose fees upfront.

On this episode of Hot Shots – Major airlines are suing the Biden Administration, AI-piloted fighter jets, SpaceX faces funding challenges, and Apple receives crushing feedback.

Ticker’s Ahron Young & Veronica Dudo discuss. #featured #trending

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The mounting pressure on Government spends

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Questions abound regarding the factors fueling this inflation surge in Australia and whether it correlates with the escalating government expenditures.

Concerns extend to how Chalmers navigates the mounting pressure amid discrepancies in spending allocations.

Moreover, as Australians grapple with the reality of rising living costs, the feasibility of cutting spending becomes a pressing issue. Additionally, amidst economic uncertainties, individuals seek guidance on managing stock market risks effectively. #Featured #Trending

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